for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Nedbank Group Ltd.

NEDJ.J

Latest Trade

12,259.00ZAc

Change

-399.00(-3.15%)

Volume

1,232,897

Today's Range

12,180.00

 - 

12,655.00

52 Week Range

6,730.00

 - 

20,989.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
12,658.00
Open
12,655.00
Volume
1,232,897
3M AVG Volume
44.97
Today's High
12,655.00
Today's Low
12,180.00
52 Week High
20,989.00
52 Week Low
6,730.00
Shares Out (MIL)
483.89
Market Cap (MIL)
64,182.65
Forward P/E
10.62
Dividend (Yield %)
--

Next Event

Full Year 2020 Nedbank Group Ltd Earnings Release

Latest Developments

More

Nedbank Confirms Group Remains On Track To Meet FY Guidance

Nedbank Group Says Both Group, Bank Remain Solidly Capitalised At Levels Well Above Regulatory Requirements

Nedbank Group Sees FY HEPS, EPS To Decline By More Than 20% Compared To 12-Months Ended 31 Dec 2019

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Nedbank Group Ltd.

Nedbank Group Limited is a financial services provider. The Company's principal banking subsidiary is Nedbank Limited. The Company provides wholesale and retail banking services, and insurance, asset management and wealth management offerings. The Company's segments include Nedbank Group, Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Rest of Africa, and Centre. Nedbank Corporate and Investment Banking offers a range of transactional, corporate, investment banking and markets solutions. Nedbank Retail offers a range of banking and assurance products and services. The business banking portfolio offers a range of commercial banking products. Nedbank Wealth provides a range of financial services through approximately three divisions of Wealth Management, Asset Management and Insurance. The Rest of Africa business is responsible for the Company's banking operations and expansion activities in the rest of Africa.

Industry

Regional Banks

Contact Info

Nedbank 135 Rivonia Campus

, 135 Rivonia Road

2196

South Africa

+27.11.2944444

http://www.nedbankgroup.co.za/

Executive Leadership

Vassi Naidoo

Non-Executive Chairman of the Board

Michael William Thomas Brown

Chief Executive, Executive Director

Raisibe Kgomaraga Morathi

Chief Financial Officer, Executive Director

Mfundo Clement Nkuhlu

Chief Operating Officer, Executive Director

Deborah Fuller

Group Executive for Human Resources

Key Stats

2.36 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2017

48.4K

2018

51.1K

2019

50.0K

2020(E)

52.6K
EPS (ZAR)

2017

24.060

2018

27.360

2019

25.650

2020(E)

12.034
Price To Earnings (TTM)
9.58
Price To Sales (TTM)
1.14
Price To Book (MRQ)
0.66
Price To Cash Flow (TTM)
5.45
Total Debt To Equity (MRQ)
65.95
LT Debt To Equity (MRQ)
65.95
Return on Investment (TTM)
--
Return on Equity (TTM)
0.64

Latest News

Latest News

UPDATE 1-S.Africa's Nedbank says half year profit will fall by over two-thirds

* Scraps dividend, says balance sheet strong (Adds details, shares)

BRIEF-Nedbank To Offer Temporary Rebate For Clients Having Overdraft Facility

* NEDBANK GROUP LTD - DURING MONTHS OF APRIL TO JUNE 2020, BANK WILL BE OFFERING CLIENTS THAT HAVE AN OVERDRAFT FACILITY A TEMPORARY REBATE.

South Africa's Nedbank scraps financial guidance for 2020

South Africa's Nedbank Ltd has withdrawn guidance for its key financial numbers for 2020, blaming the economic disruption caused by the coronavirus pandemic.

BRIEF-Nedbank Says Withdrawal Of Group 2020 Financial Guidance

* 2020 FINANCIAL GUIDANCE AS PROVIDED IN ANNUAL RESULTS ON 3 MARCH, HAS BEEN WITHDRAWN AND MEDIUM AND LONG-TERM TARGETS ARE UNDER REVIEW

Nedbank could nix future dividends after South Africa central bank guidance

Nedbank Group on Wednesday reaffirmed its 2019 dividend, but said it was weighing future dividend payments after South Africa's central bank urged lenders to preserve cash during the coronavirus crisis.

BRIEF-Nedbank Group Sees That 2019 Final Dividend Of 695 Cents Per Ordinary Share Will Be Paid On April 20

* NEDBANK GROUP LTD - UPDATE ON NEDBANK GROUP FINAL 2019 DIVIDEND IN CONTEXT OF SARB GUIDANCE NOTE G4/2020

UPDATE 2-Nedbank's profit drops as S.African economy worsens, pushing up defaults

* Bank says worsening economy has pushed defaults up, credit demand down

BRIEF-Nedbank Warns Information Of About 1,7 Mln Clients Potentially Affected By Data Breach

* NEDBANK GROUP LTD - NEDBANK WARNS CLIENTS OF POTENTIAL IMPACT OF DATA INCIDENT AT COMPUTER FACILITIES (PTY) LTD

South Africa's Old Mutual sells all 5.5 mln shares in Nedbank

South Africa's Old Mutual Ltd said on Thursday it sold all 5.5 million shares in Nedbank Group Ltd to select institutional investors, marking the final step in the spinning-off of the unit.

South Africa's Old Mutual to sell Nedbank shares

South Africa's Old Mutual Ltd said on Wednesday it would sell around 5.5 million shares in Nedbank Group Ltd to select institutional investors, following the spin-off of the unit.

South Africa's Nedbank sees up to 28 pct rise in H1 profit

South African lender Nedbank said on Thursday it saw half-year profit rising as much as 28 percent, boosted by profitability of its west-African associate Ecobank.

S.Africa's Capitec, Nedbank and PIC on shortlist to buy Mercantile Bank

Mercantile Bank Holdings Ltd said on Monday that South Africa's Capitec Bank, Nedbank Group and a consortium including the state pension fund had been shortlisted among its potential buyers.

South Africa's Nedbank to keep KPMG for 2018 financial year

South Africa's Nedbank Group said on Thursday it would reappoint Deloitte and scandal-hit KPMG as its joint external auditors for its 2018 financial year, after Barclays Africa Group became the latest company to drop KPMG.

BRIEF-Nedbank Group's Performance For Three Months To 31 March 2018 In Line With Management Expectations

* NEDBANK GROUP'S PERFORMANCE FOR THREE MONTHS TO 31 MARCH 2018 WAS IN LINE WITH MANAGEMENT EXPECTATIONS Source text for Eikon: Further company coverage:

BRIEF-Nedbank Announces Conclusion Of Relationship Agreement Between Co And Old Mutual

* NEDBANK GROUP LTD - CONCLUSION OF A RELATIONSHIP AGREEMENT BETWEEN NEDBANK GROUP AND OLD MUTUAL LIMITED Source text for Eikon: Further company coverage:

BRIEF-Old Mutual, Nedbank Sign Managed Separation Agreement

* OLD MUTUAL PLC - OLD MUTUAL UPDATE ON MANAGED SEPARATION TIMETABLE AND PUBLICATION OF SHAREHOLDER DOCUMENTATION

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up